The 7 Fastest Growing Nigerian Startups

When a Nigerian startup emerges and then goes on to do well, not only does it do wonders for the Nigerian economy, but it also encourages other talents looking to meet the needs of people by executing their own ideas. The following companies have not only broken through in an uncertain economy, but their success has marked them out as companies worthy of emulation.

startups in nigeria

1. Hotel.ng

Founded by Mark Essien in 2013, this online hotel booking agency and directory provides information for over 7000 hotels in Nigeria. The company has provided a much-needed boost to the hospitality industry in Nigeria by exposing hotels to clients and vice versa.

2. Jumia

Jumia debuted in 2012, and till date, the online retailer still stocks a wide range of goods and services to include fashion accessories, home and kitchen appliances, electronic goods, cosmetics and beauty products etc. It serves as a reliable meeting point for both vendors and buyers. Even as other online retailers continue to emerge, Jumia has managed to remain on top.

3. Big Cabal Media

Publishers of viral sites like Zikoko, TechCabal, Radar and Ebola Facts, the emergence of this media company had been lauded by international media to include The Economist, the Financial Times and Bloomberg Businessweek.

4. Truppr

This online fitness platform has successfully targeted exercise enthusiasts all over Nigeria. It is geared towards those who are desirous of making regular exercise a lifestyle. It can also be described as something of a social network, as it helps connect users with like-minded people close to them.

5. Café Neo

This vibrant coffeehouse chain is based in Lagos. Café Neo has become a cool relaxation and meeting hub for hip Lagosians.

6. NaijaBet

With the increase of football viewership in Nigeria came the need for an online betting agency that would increase the thrill of football fans nationwide. Users can also bet on other sports to include hockey, tennis, volleyball, cricket, and a host of other sports. The website makes weekly payouts to the tune of millions of naira weekly, and as such patronage continues to increase.

7. OkadaBooks

Okechukwu Ofili started OkadaBooks with the aim of placing books in the hands of as many Nigerians as he could. He was not deterred by the dwindling reading culture, and today, we have him to thank for encouraging the demand for eBooks in Nigeria. In recent times, the online bookstore has made it even easier for users to pay for books, as they can do this using recharge cards from major mobile network providers.

If you want to get a job at one of these companies, check out our post on what the best degrees are for high-paying jobs in Lagos here.